At first glance, Alberta’s oil sands are just deposits of bitumen mixed with sand and clay. But if you look deeper, you’ll see the progress, the possibilities and the people behind the oil sands. Using current technology and under current economic conditions, 169.9 billion barrels of oil can be recovered, making Alberta’s oil sands among […]
Learn what the oil sands are and how they’re developed as well as whats being done to protect the environment, pioneer technology, reclaim land, engage communities, and provide economic opportunities. Part One: Part Two:
In his newly-released book, Black Bonanza: the Race to Secure North America’s Energy Future, noted historian and publisher Alastair Sweeny sees Canada’s vast oil sands resource as a calming, stabilizing force in the world.
Canada’s oil sands have been valued for millennia—18th century explorer Sir Alexander Mackenzie passed through the area and reported locals using bitumen and spruce gum to seal their canoes.
In November 2009, Suncor announced a $5.5 billion capital expenditure plan for 2010, and with that, the company resumed construction of its Firebag Stage 3 in situ oil sands project.
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